WealthNotes Files First Exchange-Traded Note - 130/30 Strategy Based On S&P 500 Index

First Independent ETN To Be Issued by Highly-Rated Eksportfinans ASA

New York (PRWEB) July 28, 2008 -- WealthNotes Capital Management, LLC (www.wealth-notes.com) of Westport, Connecticut announced its entry into the fast-growing Exchange Traded Notes (ETNs) space with the filing of its first security, an ETN tracking the performance of the S&P 500 130/30 Total Return Strategy Index. WealthNotes' ETN will trade on NYSE Arca under ticker symbol WNF.

ETNs are debt securities that have similarities to Exchange-Traded Funds (ETFs), as both are linked to the performance of reference indices and are traded on major U.S. exchanges. Under most market conditions, however, ETNs offer no tracking error of the reference indices.

WealthNotes is the first independent platform in North America's rapidly growing ETN industry. The WealthNotes ETN will be issued by Norway's Eksportfinans, which is rated AAA by Fitch, Aaa by Moody's (negative outlook) and AA+ by Standard & Poor's Ratings Services.

"The S&P 500 130/30 Total Return Strategy Index is a highly sought-after strategy that can most effectively be brought to investors through exchange-traded notes," said Keith Styrcula, CEO of WealthNotes Capital Management. "We're excited and greatly appreciative that a world-class team of global financial partners has been able to bring this highly anticipated index-linked strategy to investors through our highly-rated issuing partner, Eksportfinans."

"We expect the launch of this compelling investment will add to the ascendancy of the ETN industry, and the highly positive efficiencies ETNs bring to investors both large and small," Styrcula added.

Tim Eisenhauer, Vice President of Standard & Poor's Index Services said, "The S&P 500 130/30 Strategy Total Return Index was designed based in response to market demand for an investment strategy that establishes 30% over- and underweight positions relative to the S&P 500. As a first offering by an index provider in the fast-growing $100 billion 130/30 strategy space, the S&P 500 130/30 Strategy Index is a framework that provides risk-controlled, long/short exposure with the prospect of outperformance in a transparent, cost-efficient format."

The NYSE Arca will trade the WealthNotes ETNs linked to the S&P 500 130/30 Strategy Total Return Index under the ticker symbol WNF. For more information on WealthNotes, please visit www.wealth-notes.com.

"Standard & Poor's", "S&P," "S&P 500" and "Standard & Poor's 500" are trademarks of The McGraw-Hill Companies, Inc. The WealthNotes ETNs linked to the performance of the Standard & Poor's S&P 500 130/30 Strategy Index are not sponsored, endorsed, sold or promoted by The McGraw-Hill Companies, Inc., and The McGraw-Hill Companies, Inc. makes no representation regarding the advisability of investing in the ETNs. A white paper on 130/30 Indexation, as well as the methodology document for the S&P 500 130/30 Strategy Index, can be accessed by going to: www.standardandpoors.com/indices and then clicking on "Strategy Indices" in the left tab.

Contact:
Stephen Rhodes
917-612-1896
WealthNotes @ structuredproducts.org

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